S&T AG confirms guidance 2020

S&T AG became aware that yesterday a UK based analyst firm has issued a short recommendation on the S&T AG share (ISIN: AT0000A0E9W5, WKN: A0X9EJ, SANT). S&T is currently trying to get the report anddetails behind this recommendation in order to address it. Upon receipt of the report, S&T AG will on short-notice respond to all possibly raised concerns in a detailed manner and clarify them in a transparent way.

In respect to the operational side of the business S&T hereby informs that Q3 2020, which finishes tomorrow, went revenue and profit wise very well, showing organic growth despite the global Covid-19 crises, with Iskratel and CITYCOMP adding additional an-organic growth already in Q3 2020. Therefore S&T is well on track to achieve or exceed the published FY 2020 guidance (Current guidance from 3rd of May 2020: EUR 1,150 Mio. revenues at minimum EUR 115 Mio. EBITDA).

Similar news

Kontron AG: Capital Market Update 2022

Linz, September 1st, 2022: Technology group Kontron (www.kontron.ag, ISIN AT0000A0E9W5, WKN A0X9EJ, KTN) held its virtual Capital Market Update 2022 ...
Explore

Kontron AG: Kontron acquires public transport business in Spain from Kapsch TrafficCom

Linz, 29 August 2022: Kontron (www.kontron.ag, ISIN AT0000A0E9W5, WKN A0X9EJ, KTN) through Kontron Transportation GmbH (Austria) has entered into an ...
Explore

Kontron AG: Project “Focus” finalized

Linz, 10.08.2022: Kontron AG (www.kontron.ag, ISIN AT0000A0E9W5, WKN A0X9EJ, KTN) today signed agreements with VINCI Energies S.A. for the sale ...
Explore